WFC Stock Forecast! 12% MoneyMaking Last 12 Weeks

What’s up, everyone?

In this article, I will briefly show how our algorithm has been trading WFC (Wells Fargo) stock in a one-hour timeframe over the last 12 weeks, and how it has performed during that period. The algorithm has been designed to trade in a way that is similar to how a human would trade. It takes into account things like support and resistance levels, Fibonacci retracements, and candlestick patterns.

This week we are going to see the results of SlothTrading’s algorithm on WFC (Wells Fargo). The algorithm is able to take advantage of the market conditions and generate a profit.

As you can see in the graph below, the investment made 12 weeks ago has made 12% profit (this means that an initial investment of $1,000, after 12 weeks of trading resulted in $1,117), being a good result.

The binary accuracy of the forecasts was 57% (5 points above the target value of 52%), and out of the twelve weeks of analyzed data, on four weeks we did not reach the target of 52% of accuracy.

We are working to improve our forecasting methods to meet our target for accuracy more consistently.